Message: Any news on new President & CEO ?
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I expected UC to have a new CEO in the wings to replace Richard J. Hamelin who announced his resignation on 10/23. I also expected a new board member from the parties involved in the McFauld's Lake play to be appointed to the board in his place. UC has said nothing to my knowledge. I have seen no press release on the topic since 10/23It is customary that the day trading crowd has better intelligence than I do. If anyone has an inclination of this is going to play out I would appreciate the insight. I have been long on UC for over a year and a half based on their Mexican assets and potential. I believed Hamelin was the man to make the cash machine work and take the stock higher. This 'Ring of Fire' hysteria is fun and may have rescued the company from a very tumultuous and dismal period. If no news of proven effective leadership is made soon...
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